The Buyer/Assistant Buyer is responsible for raising purchase orders and maintaining procurement records. This role also assists in the sourcing of products and overall contractor selection process.
Job Description
Develop Procurement Plan, manage suppliers/sellers selection process and all procurement activities
- Support the company’s procurement activities
- Assist in establishing working relationships with company network and external vendors
- Plan merchandise assortment considering category mix and range planning
- Formulate and propose pricing strategies and conduct comparison analysis against competitors
- Review products sell through rate and plan for replenishment
- Collaborate with marketing department to execute the promotion strategies in alignment with the product launches
- Conduct market research to stay current with the market trend and competitor strategies
- Source and work closely with suppliers on product selection, pricing and negotiations
- Analyze sales data with proposde buying strategies
- Oversee the logistics process for returning goods to suppliers, including arranging courier and managing documentation requirements
- Prepare and Manage Purchase Order to supplier/s once the procurement plan is approved
- Process and track purchase orders to ensure timely and accurate deliveries, including handling permit applications for import/export
- Monitor and manage inventory level and assess supplier performance
- Conduct quality assurance checks on products upon receipt of stock from suppliers
- Perform other ad-hoc duties as assigned
Experience Required
- At least 5 years of relevant experience in retail jewellery is preferred but not a must.
Qualification
- Degree with 3 years of relevant working experience or Diploma holder with 5 to 7 year experience in Procurement or Merchandising field, preferred from similar industry but not a must.
